The Directorate of Works and Constructions of the Municipality of Panama reduced the times of inspections required for occupancy permits, which generated the growth of more than 50% in revenue since its execution.
Copa Airlines is expanding its Tampa-to-Panama City service to seven days a week.
Preliminary works on a fourth bridge over the Panama Canal are progressing well, according to information from the national government.
The mayor of Panama presented a project that seeks the integral recovery of the beaches in the bay, including the coastal belt.
The new President of the Republic Laurentino Cortizo referred to some measures that will be implemented to encourage the construction and purchase of homes.
In addition to bedrooms, baths, and interior upgrades, it’s important to do some research about the potential location of the property you may want to call home.
If you already own a rental property, or you’re looking to get into the business, the idea of having to deal with tenants and managing the property can be daunting.
The moratorium period for property taxes ends on June 30, 2019. If you currently owe property taxes, you can take advantage of this moratorium to avoid paying any interests or surcharges. For some property owners, this could potentially save thousands of dollars.
A property for sale by owner is commonly seen in seller’s markets or whenever homeowners want to maximize their profits by not having to pay commission. A home sale by owner option sounds like it could be a a good idea for the seller but it may end up costing you money and time.
Many foreign investors and expats are choosing Panama as the location of their second home, vacation house, or business venture. If you are interested in buying land in Panama but don’t know where to start, here are some practical tips.
